Autodesk Inc (ADSK)

Pretax margin

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	1,224,000	1,136,000	1,076,000	998,000	972,000	946,000	776,000	722,000	629,000	565,000	629,100	597,200	587,200	546,700	498,900	439,200	376,700	294,800	204,500	119,600
Revenue (ttm)	US$ in thousands	5,645,000	5,497,000	5,346,000	5,212,000	5,104,000	5,005,000	4,898,000	4,744,000	4,567,000	4,386,000	4,214,100	4,040,500	3,893,600	3,790,300	3,650,500	3,540,800	3,424,500	3,274,300	3,112,300	2,930,500
Pretax margin		21.68%	20.67%	20.13%	19.15%	19.04%	18.90%	15.84%	15.22%	13.77%	12.88%	14.93%	14.78%	15.08%	14.42%	13.67%	12.40%	11.00%	9.00%	6.57%	4.08%

April 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,224,000K ÷ $5,645,000K
= 21.68%

Autodesk Inc's pretax margin has shown a generally increasing trend over the past quarters, reflecting an improvement in the company's ability to generate profits before accounting for taxes. The pretax margin increased from 4.08% in October 2019 to 21.68% in April 2024. This indicates that Autodesk has been able to effectively control its operating expenses and increase its profitability over this period.

It is important to note that there have been fluctuations in the pretax margin over the quarters, but the overall trend has been positive. This suggests that Autodesk has been able to adapt to changes in its operating environment and continue to strengthen its financial performance.

Overall, the upward trend in Autodesk's pretax margin indicates improving efficiency in generating profits from its operations, which can be seen as a positive indicator for the company's financial health and operational effectiveness.